Cyber Crime news and archive

Louis Vuitton under investigation in US for data breach

French luxury giant Louis Vuitton is under investigation in the US for a data breach in which hackers gained unauthorised access to customer information. The US subsidiary of the brand, Louis Vuitton North America, Inc., has been accused of potentially violating state and federal laws after it delayed notifying impacted individuals following the...

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Louis Vuitton confirms UK customer data stolen in cyber attack

LVMH is facing what is now its third cyber attack in a matter of three months. French luxury label Louis Vuitton has confirmed that some UK customer data has been stolen in a hack that took place on July 2. In an email to customers seen by multiple news outlets, including Bloomberg, which first reported the attack, Louis Vuitton said an...

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Four youths arrested for cyberattacks on British retailers

The UK's National Crime Agency (NCA) has arrested four suspects in connection with cyberattacks on well-known British retailers Marks & Spencer (M&S), Co-op and Harrods. The attacks took place in April of this year and caused significant financial disruption to the businesses. The four suspects remain in custody and are being questioned by the...

Retail

Marks & Spencer relaunches online shopping following cyber attack

Marks & Spencer has announced the relaunch of its online shopping services weeks after it faced a cyber security breach that led to leaks in consumer data. The British department store announced the news on its Instagram, where it said a selection of its fashion ranges will be available for home delivery to England, Scotland and Wales from June...

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The North Face and Cartier join growing list of cyber attack targets

Sports brand The North Face and jewellery label Cartier are said to have become the latest fashion retailers to face cyber attacks. According to the BBC, North Face had contacted some customers revealing that it had discovered a “small-scale” attack in April. Hackers were reported to have targeted the brand through “credential stuffing”, a...

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Victoria’s Secret takes down US site following ‘security incident’

Victoria’s Secret seems to have been the next target in a growing list of fashion companies facing online attacks. The lingerie brand confirmed that it was tackling a "security incident” that led it to take down its US website and “some in store services as precaution”. While the website is now back online, in a post on Instagram the company...

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Adidas faces consumer data breach

Adidas has warned consumers of a potential breach of data. The sportswear giant told Reuters that an “unauthorised external party” had garnered certain consumer data via a third-party customer service provider. In a statement to the media outlet, Adidas said: “We immediately took steps to contain the incident and launched a comprehensive...

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Marks & Spencers faces class action lawsuit over cyber attack

British department store chain Marks & Spencer is facing a multimillion pound lawsuit following its cyber attack. The complaint specifically pertains to Scottish customers whose personal data was stolen during the incident. Marks & Spencer confirmed that consumer data had been stolen in the cyber attack last week. However, it noted that there...

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Retail

How to manage privacy risks and customer impact following a data breach like Dior's

French luxury fashion house Dior recently confirmed that it was the victim of a data breach last week in a message sent to those affected, which saw the personal information of some of its customers compromised. The incident saw an unauthorized party access part of the client data bases LVHM-owned brand, exposing customers’ names, mobile phone...

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Retailers should regularly review cyber controls as threat of attack increases

In view of recent cyber attacks on British department store Harrods, apparel retailer Marks & Spencer and others, audit, tax and consulting firm RSM UK is advising retailers to regularly review their cyber risk controls to ensure “they are as robust as possible”. “Retailers are already navigating a difficult trading environment shaped by fragile...

Retail

Retail fraud on the rise amid broader surge in financial crime

Fraud incidents surged to an estimated 3.9 million cases in England and Wales in the year ending September 2024, marking a 19 percent increase compared with the previous year, according to the Crime Survey for England and Wales (CSEW). This sharp rise brings incident levels back in line with those observed in March 2020, before the pandemic...